next, president obama and republican presidential candidate mitt romney speak at special -- separate campaign rallies in virginia. at 7:00 a.m., your calls and comments on washington journal. >> on the day after being in office, we were sitting in the oval office and harry summers, the chief economic adviser said mr. president, looking at this year's budget, you are going to have $1 trillion deficit. he said i have not done anything yet. >> we cannot keep looking our children in the eye knowing that we are going to give them a diminished future because we're spending their money today. it is a very simple idea. mitt romney and i will bring it to washington. we have got to stop spending money we do not have. we must cut spending. we must give this balanced budget and debt under control progress next thursday night, paul ryan and vice president joe biden will face of a in their only debate. from kentucky. you can watch and the gate with sees them with our live debate preview starting at 7:00 p.m. eastern. reactions, calls, and tweets at 10:30. follow our live coverage. >> the bureau of